NuScale Power has finalized an investment and strategic partnership agreement with JGC Holdings Corporation (JGC HD), a holding company of the world’s leading EPC contractor group companies headquartered in Japan. As part of a commercial relationship with Fluor Corporation—NuScale’s majority investor and EPC partner in the United States—JGC HD will... Read more →

Rolls-Royce and Fermi Energia have signed a Memorandum of Understanding to study the potential for the deployment of affordable, compact nuclear power stations, known as small modular reactors (SMR) in Estonia. The study will cover all aspects of deployment including grid suitability, cooling, emergency planning, human resources, licensing feasibility, economics... Read more →

Shearwater Energy Ltd., a United Kingdom-based hybrid clean energy company, is developing a wind-SMR (Small Modular Reactor) and hydrogen production hybrid energy project in North Wales. The project would provide 3 GWe of zero-carbon energy and is also expected to produce more than 3 million kilograms of green hydrogen per... Read more →

Canada Minister of Natural Resources Seamus O’Regan, released a national SMR Action Plan, which responds to the 53 recommendations identified in Canada’s SMR Roadmap that was launched in November 2018. Canada’s SMR Action Plan seeks to advance the safe and responsible development and deployment of SMRs through a pan-Canadian approach... Read more →

NuScale Power announced that through further value engineering efforts, using advanced testing and modeling tools, NuScale analyzed and concluded that the NuScale Power Module (NPM) can generate an additional 25% more power per module for a total of 77 MWe per module (gross), resulting in about 924 MWe for the... Read more →

Canada investing $20M in Terrestrial Energy to support development of Integral Molten Salt SMR Canada’s Minister of Innovation, Science and Industry, Hon. Navdeep Bains, announced a $20 million investment in Terrestrial Energy to accelerate development of the company’s Integral Molten Salt Reactor (IMSR) power plant. This is the first such... Read more →

The US Department of Energy (DOE) approved a multi-year cost share award to a new special purpose entity named Carbon Free Power Project, LLC, (CFPP) an entity wholly owned by Utah Associated Municipal Power Systems (UAMPS), that could provide up to $1.4 billion to help demonstrate and deploy a 12-module,... Read more →